Market Overview:
The global washing appliances market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising disposable income, changing lifestyle and growing awareness about hygiene. Additionally, the increasing demand for energy-efficient appliances is also propelling the growth of this market. On the basis of type, fully automatic washing machines are expected to dominate the global washing appliances market during 2018-2030. This can be attributed to their high efficiency and low maintenance requirements as compared to semi-automatic machines. On account of their growing popularity among consumers across regions, fully automatic machines are witnessing a higher adoption rate than semi-automatic ones. Based on application, residential segment is anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period 2018-2030 followed by commercial segment owing to increase in number of working women population.
Product Definition:
Washing appliances are devices used to clean clothes. They can be either standalone machines or built into a washer-dryer combo unit. Washing appliances come in a variety of sizes and styles, but all share the same basic purpose: to clean clothes.
Fully-Automatic:
Fully automatic washing machines are those which can wash, rinse, and dry the clothes without any human intervention. These appliances have several benefits over semi-automatic devices including less water consumption (around 3 gallons per cycle), energy efficiency (as there is no need for heating water), and reduced drying time. Additionally, fully automatic washers are more economical than their semi-automatic counterparts as they do not require expensive sensors or timers to operate.
Semi-Automatic:
Semi-automatic washing appliances are those which can wash and dry the clothes but need some human intervention in between. The most common type of semi-automatic washing machine is the top loaders, as they do not require much human intervention. These machines work on various cycles such as delicate, normal, and heavy cycle depending upon how much water hardness is present in the water supply.
Application Insights:
The residential application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to increasing urbanization and rising disposable income levels in developing countries including China, India, Brazil and others. Fully automatic washing machines are preferred by most of the households as they provide convenience while washing clothes on a daily basis as well as on a weekly or monthly basis depending upon the frequency of use.
Semi-automatic washers are primarily used in hotels, hospitals and other commercial buildings where fully automatic washers would not be feasible due to space constraints or because fully automatic machines cannot be installed due to technical limitations such as availability of electricity supply at specific locations within buildings along with other regulatory issues related to safety that may restrict their installation within commercial spaces only.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, changing lifestyles, and rising real estate development activities in developing countries such as China and India. In addition, growing commercial construction activities in these regions are anticipated to boost product demand over the next eight years.
The Asia Pacific was followed by Europe with a share of more than 23%. Countries such as Germany, France, Italy have a well-established washing machine industry; therefore it will not take much time for manufacturers from other countries to adapt with new technologies in this region. Moreover high purchasing power of consumers allows them replace their old appliances every few years which further boosts product demand within this region.
North America is also likely to witness significant growth due its large population base coupled with developed infrastructure particularly within U.S.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising disposable income of consumers in developing countries
- Proliferation of online retail channels
- Growing popularity of smart appliances
- Introduction of innovative features in washing machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Washing Appliances Market Research Report
By Type
Fully-Automatic, Semi-Automatic
By Application
Residential, Commercial
By Companies
Whirlpool, LG, Electrolux, IFB Industries, Samsung, GE, Siemens, Philips, BSH Hausgerate, MIRC Electronics, Panasonic, Haier, Midea, Videocon Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Washing Appliances Market Report Segments:
The global Washing Appliances market is segmented on the basis of:
Types
Fully-Automatic, Semi-Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Whirlpool
- LG
- Electrolux
- IFB Industries
- Samsung
- GE
- Siemens
- Philips
- BSH Hausgerate
- MIRC Electronics
- Panasonic
- Haier
- Midea
- Videocon Industries
Highlights of The Washing Appliances Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully-Automatic
- Semi-Automatic
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Washing Appliances Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Washing appliances is the process of cleaning them using water and detergent.
Some of the major players in the washing appliances market are Whirlpool, LG, Electrolux, IFB Industries, Samsung, GE, Siemens, Philips, BSH Hausgerate, MIRC Electronics, Panasonic, Haier, Midea, Videocon Industries.
The washing appliances market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Washing Appliances Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Washing Appliances Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Washing Appliances Market - Supply Chain
4.5. Global Washing Appliances Market Forecast
4.5.1. Washing Appliances Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Washing Appliances Market Size (000 Units) and Y-o-Y Growth
4.5.3. Washing Appliances Market Absolute $ Opportunity
5. Global Washing Appliances Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Washing Appliances Market Size and Volume Forecast by Type
5.3.1. Fully-Automatic
5.3.2. Semi-Automatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Washing Appliances Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Washing Appliances Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Washing Appliances Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Washing Appliances Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Washing Appliances Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Washing Appliances Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Washing Appliances Demand Share Forecast, 2019-2026
9. North America Washing Appliances Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Washing Appliances Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Washing Appliances Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Washing Appliances Market Size and Volume Forecast by Type
9.7.1. Fully-Automatic
9.7.2. Semi-Automatic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Washing Appliances Demand Share Forecast, 2019-2026
10. Latin America Washing Appliances Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Washing Appliances Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Washing Appliances Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Washing Appliances Market Size and Volume Forecast by Type
10.7.1. Fully-Automatic
10.7.2. Semi-Automatic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Washing Appliances Demand Share Forecast, 2019-2026
11. Europe Washing Appliances Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Washing Appliances Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Washing Appliances Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Washing Appliances Market Size and Volume Forecast by Type
11.7.1. Fully-Automatic
11.7.2. Semi-Automatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Washing Appliances Demand Share, 2019-2026
12. Asia Pacific Washing Appliances Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Washing Appliances Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Washing Appliances Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Washing Appliances Market Size and Volume Forecast by Type
12.7.1. Fully-Automatic
12.7.2. Semi-Automatic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Washing Appliances Demand Share, 2019-2026
13. Middle East & Africa Washing Appliances Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Washing Appliances Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Washing Appliances Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Washing Appliances Market Size and Volume Forecast by Type
13.7.1. Fully-Automatic
13.7.2. Semi-Automatic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Washing Appliances Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Washing Appliances Market: Market Share Analysis
14.2. Washing Appliances Distributors and Customers
14.3. Washing Appliances Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Whirlpool
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Electrolux
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IFB Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Samsung
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Philips
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BSH Hausgerate
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MIRC Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Panasonic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Haier
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Midea
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Videocon Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
